PUBLIC DISCLOSURE COPY. Exempt Organization Business Income Tax Return. (and proxy tax under section 6033(e))

Transcription

1 Form 990-T Department of the Treasury Internal Revenue Service A U Check box W address changed PUBLIC DISCLOSURE COPY Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e)) OMB No For calendar year 2014orother tax year beginning, 2014, and ending, 20. ~@14 "'Information about Form 990-T and its instructions is available at Do notenterssn numbers on this form as It may be made public if your organization Is a 501(cK3). ~g~,~rublic I!' ~~ Name of organization ( U Check box W name changed and see instructions.) D Employer identification number (Employees' trust, see instructions.) B ~empt under section CYSTIC FIBROSIS FOUNDATION- HEADQUARTERS Print Number, street, and room or suite no. If a P.O. box, see instructions. ~ or f-- 40B(e) 220(e) E Unrelated business activity codes Type (See instructions.) 40BA 530(a) 6931 ARLINGTON ROAD 200 '"< ca I r- 529(a) City or town, state or province, country, and ZIP or foreign postal code C Book value of all assets BETHESDA, MD at end a year F Group exemption number (See instructions.).., G Check organization tyqe..,...i X lso1 (c) corporation I lso1 (c) trust L J 401 (a) trust During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group?....,.. l J Other trust If "Yes" enter the name and identifying number of the parent corporation..,.. J The books are in care of... THE ORGANIZATION number.., Unr... a... u Trade or Rucinocu... u... JA) Income (B) (C) Net 1 a Gross receipts or sales J b Lessretums and allowances,i c Balance... f--.!1~c~ t---..;., "'- 2 Cost of goods sold (Schedule A, line 7). 2 3 Gross profit. Subtract line 2 from line 1c 3 4a Capital gain net income (attach Schedule D) b Net gain (loss) (Form 4797, Part II, line 17)(attach Form 4797). c Capital loss deduction for trusts 4a 4b 4c Income (loss) from partnerships and S corporations (attach statement) f--.!5~ l f Rent income (Schedule C) j--.:6=--t l f Unrelated debt-financed income (Schedule E) 7 Interest, annuities, royalties, and rents from controlled organizations (Schedule F) j----.:8~ 'f lnvestment income of a section 501(c)(7), (9). or (17) organization (Schedule G) j----.:9_~ l f Exploited exempt activity income (Schedule I) _1()_ Advertising income (Schedule J) _11 Other income (See instructions; attach schedule) 12 ~ llrl~3 throuah 12._ 13 0 Deductions Not Taken Elsewhere (See instructions for limitations on deductions.) (Except for contributions, deductions must be directly connected with the unrelated business income.) 14 Compensation of officers, directors, and trustees (Schedule K). 15 Salaries and wages 16 Repairs and maintenance 17 Bad debts 18 Interest 19 Taxes and licenses 20 Charitable contributions (See instructions for limitation rules) : i ~1 i 21 Depreciation (attach Form 4562). 22 Less depreciation claimed on Schedule A and elsewhere on return l22a I 23 Depletion 24 Contributions to deferred compensation plans 25 Employee benefit programs 26 Excess exempt expenses (Schedule I) 27 Excess readership costs (Schedule J) 28 Other deductions 29 Total deductions. Add lines 14 through Unrelated business taxable income before net operating loss deduction. Subtract line 29 from line Net operating loss deduction (limited to the amount on line 30) 32 Unrelated business taxable income before specific deduction. Subtract line 31 from line Specific deduction (Generally $1,000, but see line 33 instructions for exceptions) 34 Unrelated business taxable income. Subtract line 33 from line 32. If line 33 is greater than line 32, enter the smaller of zero or line 32 For Paperwork Reduct1on Act Not1ce, see mstrucbons. 4X b No 34 0 l

2 Form 8868 (Rev. January 20 14) Application for Extension of Time To File an Exempt Organization Return OMB No Department of the Treasury ~ File a separate application for each return. Internal Revenue service ~ Information about Form 8868 and its instructions is at If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box ~ 0 If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form). Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form Electronic filing (e-fi/e). You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation required to file Form 990-l), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension of time to file any of the forms listed in Part I or Part II with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit and click on a-file for Charities & Nonprofits. ifjmii Automatic 3-Month Extension of Time. Only submit original (no copies needed). A corporation required to file Form 990-T and requesting an automatic 6-month extension-check this box and complete Part I only ~ Ill All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file income tax returns. Type or print File by the due date for filing your retum. See instructions. Name of exempt organization or other filer, see instructions. CYSTIC FIBROSIS FOUNDATION- HEADQUARTERS Number, street, and room or suite no. If a P.O. box, see instructions ARLINGTON ROAD, SUITE 200 City, town or post office, state, and ZIP code. For a foreign address, see instructions. BETHESDA MD Enter filer's identifying number, see instructions Employer identification number (EIN) or Social security number (SSN) Enter the Return code for the return that this application is for (file a separate application for each return) Application Return Application Return Is For Code Is For Code Form 990 or Form 990-EZ 01 Form 990-T (corporation) 07 Form 990-BL 02 Form 1041-A 08 Form ndividual) 03 Form 4720 (other than individual) 09 Form 990-PF 04 Form Form 990-T(sec. 401 (a) or 408(a) trust) 05 Form Form 990-T (trust other than above) 06 Form The books are in the care of.,.. I~~ ~~!~-~-I!Q~--- Telephone No. ~... ~9-~:~~-!:~-~?-~--- Fax No.~ ---~-~]:.~9-~:?.?..~~----- If the organization does not have an office or place of business in the United States, check this box..... ~ 0 If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN). If this is ---~-=for the whole group, check this box... ~ 0. If it is for part of the group, check this box.. ~ 0 and attach a list with the names and EINs of all members the extension is for. 1 I request an automatic 3-month (6 months for a corporation required to file Form 990-l) extension of time until. ~!?-~~-~~-~~-1~-----, 20.].~., to file the exempt organization return for the organization named above. The extension is for the organization's return for: ~ 0 calendar year or.,.. 0 tax year beginning, 20, and ending, If the tax year entered in Hne"1"i8"ioriessttiari1"2"montiis, check-reason: 0 lnitialret~rn""[]"f:inai"ret~rn.. 0 Change in accounting period If this application is for Forms 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions. 3a $ 0.00 b If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. 3b $ 0.00 c 3a Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions. 3c $ 0.00 Caution. If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No Form8868(Rev )

3 CYSTIC FIBROSIS FOUNDATION- TERS Organizations Taxable as Corporations. See instructions for tax computation. Controlled c 36 members (sections 1561 and 1563) check here... D See instructions and: a Enter your share of the $50,000, $25,000, and $9,925,000 taxable income brackets c1ji$ I (2JI$ I ~ ~ b Enter organization's share of: Additional 5% tax (not more than $11,750). Additional 3% tax (not more than $100,000).... order): Income tax on the amount on line Trusts Taxable at Trust Rates. See instructions for tax computation. Income tax the amount on line 34 from: D Tax rate schedule or D ScheduleD (Form 1041). Proxy tax. See instructions Alternative minimum tax Total. Add lines 37 and 38 to line 35c or group...,. 35c on... r-=-::...r r-=-''-t a Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116). b Other credits (see instructions)..... c General business credit. Attach Form 3800 (see instructions) d Credit for prior year minimum tax (attach Form 8801 or 8827). e Total credits. Add lines 40a through 40d Subtract line 40e from line Other taxes. Check if from: D Form 4255 D Form 8611 D Form 8697 D Form 8866 D Other 43 Total tax. Add lines 41 and '-=-t ' 44 a Payments: A 2013 overpayment credited to 2014 b 2014 estimated tax payments. c Tax deposited with Form d Foreign organizations: Tax paid or withheld at source (see instructions) e Backup withholding (see instructions)... f Credit for small employer health insurance8emiums (Attach Form 8941) g Other credits and payments: Form Form 4136 Other Total... L...:...;.a.J i 45 Total payments. Add lines 44a through 44g...., 46 Estimated tax penalty (see instructions). Check if Form 2220 is attached 47 Tax due. If line 45 is less than the total of lines 43 and 46, enter amount owed. Overpayment If line 45 is larger than the total of lines 43 and 46, enter amount overpaid want: Credited to 2015 estimated tax... At any time during the 2014 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If YES, the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If YES, enter the name of the foreign country here During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? If YES, see instructions for other forms the organization may have to file. Enter the amount of received or accrued the tax ue - OS 0 00 s 0 n er me 0 0 mven oryva uat1on 1 Inventory at beginning of year 1 6 Inventory at end of year Purchases Cost of goods sold. Subtract line 3 Cost of labor from line 5. Enter here and in 4a Additional section 263A costs Part I, line a 8 Do the rules of section 263A (with respect to b Other costs 4b property produced or acquired for resale) apply 5 Total. Add lines 1 through 4b 5 to the organization? Sign Here Paid Preparer Use Only Under penalties of perj~~j that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, end complete. De r &if''~ tha"»er) is besed on all information of which preparer hes any knowledge. ~.! -~J [ '{)/J 3 /;;)(. ~ May the IRS discuss this return ROBERT J. BEALl~ PH.,_. } OI'S PRESIDENT AND CEO with the preparer shown below Signature of oflicer Daltl Title (see instructions>?rx:j. Yes.t-= f No 4X Print/Type preparer's name I Prepare(7::iet I Date CheckU if I PTIN JEFFREY J SCHRAGG lwtt~ 7/9/2015 self-employed P Firm's name... BOO USA, LLP Firm's EIN Firm's address GREENSBORO DRIVE 7TH FLOOR Phone no MCLEAN, VA Yes No X

4 CYSTIC FIBROSIS FOUNDATION- HEADQUARTERS Schedule C - Rent Income (From Real Property and Personal Property Leased With Real Property) (see instructions) Page 3 1. Description of property 2. Rent received or accrued (a) From personal property (if the percentage of rent (b) From real and personal property (if the 3(a) Deductions directly connected with the income for personal property is more than 10% but not percentage of rent for personal property exceeds in columns 2(a) and 2(b) more than 50%) 50% or if the rent is based on profrt or income) Total Total (b) Total deductions. (c) Total income. Add totals of columns 2(a) and 2(b). Enter Enter here and on page 1, here and on page 1, Part I, line 6, column (A)... Part I, line 6, column (B)... Schedule E - Unrelated Debt-Financed Income (see instructions) income from or 1. Description of debt-financed property allocable to debt-financed property 3. Deductions directly connected with or allocable to debt-financed property (a) Straight line depreciation {b) Other deductions 4. Amount of average 5. Average adjusted basis acquisition debt on or of or allocable to 6. Column 8. Allocable deductions 7. Gross income reportable 4 divided (column 6 x total of columns allocable to debt-financed debt-financed property (column 2 x column 6) property by column 5 3(a) and 3(b)) % % % % Enter here and on page 1, Enter here and on page 1, Part I, line 7, column (A). Part I, line 7, column (8). Totals Total dividends-received deductions included in column Schedule F -Interest, Annutttes Royalties and Rents From Controlled Orgamzations (see mstrucbons) ' ' Exempt Controlled Organizations 1. Name of controlled 2. Employer 5. Part of column 4 that is 6. Deductions directly organization identification number 3. Net unrelated income 4. Total of specified included in the controlling connected with income (loss) (see instructions) payments made organization's gross income in column 5 Nonexempt Controlled Orgamzat1ons 8. Net unrelated income 9. Total of specified 10. Part of column 9 that is 11. Deductions directly 7. Taxable Income included in the controlling connected with income in (loss) (see instructions) payments made organization's gross income column 10 Totals... 4X Add columns 5 and 10. Add columns 6 and 11. Enter here and on page 1, Enter here and on page 1, Part I, line 8, column (A). Part I, line 8, column (B).

5 CYSTIC FIBROSIS FOUNDATION- HEADQUARTERS Page 4 Schedule G -Investment Income of a Section 501(c 1(7), (9), or (17) Organization (see instructions) 3. Deductions 4. Set-asides 5. Total deductions 1. Description of income 2. Amount of income directly connected and set-asides (col. 3 plus col. 4) Totals... Schedule I - Exploited Enter here and on page 1. Enter here and on page 1, Part I. line 9. column (A). Part I. line 9, column (B).. :....,;i::,. n"u ~ ~. Other Than ~....,,...oing Income (see instructions) 3. Expenses 4. Net income (loss) 7. Excess exempt directly from unrelated trade unrelated or business (column 5. Gross income 6. Expenses expenses connected with from activ~y that 1. Description of explo~ed activity business income 2 minus column 3). attributable to (column 6 minus production of is not unrelated column 5, but not from trade or unrelated If a gain, compute column 5 business income more than business business income cols. 5 through 7. column 4). Enter here and on Enter here and on Enter here and page 1. Part 1. page 1. Part 1. on page 1, line 10. col. (A). line 10, col. (B). Part 11. line 26. Totals... '... Schedule J. Auv~ u.. ing... u... ~ (see instructions)... '""From~ ,..,... J _on a_,..... Basis 4. Advertising 7. Excess readership gain or (loss) (col. costs (column 6 3. Direct 5. Circulation 6. Readership 1. Name of periodical advertising advertising costs 2 minus col. 3). If minus column 5. but income costs income a gain, compute not more than cols. 5 through 7. column 4). Totals to Part II, line (5))... Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in columns 2 through 7 on a line-by-line basis ) 4. Advertising 7. Excess readership gain or (loss) (col. costs (column 6 3. Direct 5. Circulation 6. Readership 1. Name of periodical advertising advertising costs 2 minus col. 3). If minus column 5, but income costs income a gain, compute not more than cols. 5 through 7. column 4). Totals from Part I.... Enter here and on Enter here and on Enter here and page 1. Part I. page 1, Part I, on page 1. line 11. col. (A). line 11. col. (B). Part 11. line 27. Totals, Part II (lines 1-5)..... Schedule K Compensation of Officers Directors and Trustees (see instructions) - ' ' 3. Percent of 1. Name 2. Title time devoted to business % % % % Total. Enter here and on page 1, Part II, line )( Compensation attributable to unrelated business